ecyt_Ex10_2


		
			Exhibit 10.2
		

		
			 
		

		
			PURDUE TECHNOLOGY CENTER
		

		
			3000 Kent Avenue
		

		
			West Lafayette, Indiana  47906
		

		
			 
		

		
			 
		

		
			SECOND AMENDMENT AND 
		

		
			EXTENSION OF LEASE
		

		
			 
		

		
			 
		

		
			THIS SECOND AMENDMENT AND EXTENSION OF LEASE is made this 14th day of June, 2018 by and between PURDUE RESEARCH FOUNDATION (“Landlord”), an Indiana corporation (formed and existing under the Indiana Foundation or Holding Companies Act, Acts of 1921, ch. 246), and ENDOCYTE (“Tenant”).  Landlord and Tenant have previously entered into a lease (the “Lease”) dated December 8, 2015,  Extension of Lease dated December 1, 2016 and First Amendment of Lease dated November 10, 2017 for Units A1-100, A1-200, B1-100A, B1-400, B1-500, A2-100, A2-300, B2-300, B2-500, B2-603, B2-700 AND B2-900 at the Purdue Technology Center, located at 3000 Kent Avenue, West Lafayette, IN.  
		

		
			 
		

		
			WHEREAS, the parties wish to amend provisions of the agreement;
		

		
			 
		

		
			NOW THEREFORE, IN CONSIDERATION OF the mutual promises and covenants herein, it is agreed between the parties hereto as follows:
		

		
			 
		

			
	
			
				 1.
			

			
	
			
			The Description of the Leased Premises shall read as follows: 




		
			 
		

		
			20,871 square feet in Suites A1-100, A1-200, B1-100A, B1-400, B1-500, A2-100, A2-300, B2-603, B2-700 and B2-900 (the “Leased Property”) located in the PURDUE TECHNOLOGY CENTER at 3000 Kent Avenue, West Lafayette, Indiana (the “Building”) in the PURDUE RESEARCH PARK (the “Park”). The Leased Property is more particularly shown on EXHIBIT A, attached to this Amendment and made a part of the Lease by this reference. 
		

		
			 
		

			
	
			
				 2.
			

			
	
			
			The Monthly Rent Installment shall be $43,607.93 ($18.79 x 12,943 square feet / 12 months for office space and $35.33 x 7,928 square feet / 12 months for lab space) and shall remain in effect during the Extension Period unless otherwise altered under the provisions of Section 4 of the Lease.




		
			 
		

			
	
			
				 3.
			

			
	
			
			The Lease Term provided under this Lease is hereby extended for a period of Six (6) months, commencing July 1, 2018 and expiring December 31, 2018 (the “Extension Period”).




		
			 
		

			
	
			
				 4.
			

			
	
			
			It is understood by both parties that at the next lease renewal (January 1, 2019) the square footage will be adjusted to the full load factor as per the Lease Change of Square Footage memo dated October 30, 2017 (see copy attached). 




		
			 
		

		
			It is further agreed that all other terms and conditions of the Lease are hereby affirmed and shall remain in full force and effect during the Extension Period.
		

		
			 
		

		
			WITNESS the signatures and seals of the above parties as of the day and year first above written.
		

		
			 
		

			
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						LANDLORD:

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						PURDUE RESEARCH FOUNDATION

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						an Indiana corporation (formed and existing under the Indiana Foundation or Holding Companies Act, Acts of 1921, ch. 246)

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						By:

					
					
						/s/ David L Hodde

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						David L. Hodde

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						Assistant Vice President

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						Director of Real Estate

					
					
						 

				



		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			


		 


 



		

		
			 
		

		
			Page 2:
		

		
			Second Amendment and Extension of Lease
		

		
			ENDOCYTE
		

		
			 
		

		
			 
		

		
			 
		

		
			ATTEST:
		

		
			 
		

		
			 
		

			
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						By:

					
					
						/s/ Paul Moses

					
					
						 

					
					
						 

				
	
					
						 

					
					
						Paul Moses

					
					
						 

					
					
						 

				
	
					
						 

					
					
						Director of Business and Economic Development

					
					
						 

					
					
						 

				



		
			 
		

		
			
		

		
			 
		

			
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						TENANT:

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						ENDOCYTE

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						By:

					
					
						/s/ Mike Sherman

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						Mike Sherman

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						CEO

					
					
						 

					
					
						 

					
					
						 

				



		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			
		

		
			


		 


 



		

		
			EXHIBIT A
		

		
			 
		

		
			 
		

		
			LEASED PREMISES
		

		
			 
		

		
			
		

			
					
						Unit A1-200

					
					
						Office Space

					
					
						9,131 square feet

				
	
					
						Unit B1-100A

					
					
						Office Space

					
					
						1,715 square feet

				
	
					
						Unit B1-400

					
					
						Office Space

					
					
						(included in A1-200)

				
	
					
						Unit A2-101

					
					
						Office Space

					
					
						253 square feet

				
	
					
						Unit A2-104

					
					
						Office Space

					
					
						216 square feet

				
	
					
						Unit A2-105

					
					
						Office Space

					
					
						161 square feet

				
	
					
						Unit A2-108

					
					
						Office Space

					
					
						215 square feet

				
	
					
						Unit A2-301

					
					
						Office Space

					
					
						325 square feet

				
	
					
						Unit A2-304

					
					
						Office Space

					
					
						216 square feet

				
	
					
						Unit A2-305

					
					
						Office Space

					
					
						161 square feet

				
	
					
						Unit B2-603

					
					
						Office Space

					
					
						253 square feet

				
	
					
						Unit B2-700

					
					
						Office Space

					
					
						148 square feet

				
	
					
						Unit B2-900

					
					
						Office Space

					
					
						149 square feet

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						Total Office Space

					
					
						12,943 square feet

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						Unit A1-200

					
					
						Lab Space

					
					
						4,069 square feet

				
	
					
						Unit B1-500

					
					
						Lab Space

					
					
						690 square feet

				
	
					
						Unit A2-102

					
					
						Lab Space

					
					
						367 square feet

				
	
					
						Unit A2-103

					
					
						Lab Space

					
					
						325 square feet

				
	
					
						Unit A2-106

					
					
						Lab Space

					
					
						495 square feet

				
	
					
						Unit A2-107

					
					
						Lab Space

					
					
						477 square feet

				
	
					
						Unit A2-302

					
					
						Lab Space

					
					
						339 square feet

				
	
					
						Unit A2-303

					
					
						Lab Space

					
					
						409 square feet

				
	
					
						Unit B2-700

					
					
						Lab Space

					
					
						378 square feet

				
	
					
						Unit B2-900

					
					
						Lab Space

					
					
						379 square feet

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						Total Lab Space

					
					
						7,928 square feet